MLP Group reports record leasing in Q1 2026 – a historic result and a strong outlook for the months ahead
MLP Group reported a significant increase in the value of signed lease agreements between January and March 2026, with growth of 186% year on year. The estimated value of annualized rental income amounted to EUR 3.8 million, representing nearly a threefold increase compared to EUR 1.3 million recorded in the same period last year. In terms of leased space, the agreements covered 56 thousand sqm, representing a 144% year-on-year increase (compared with 23 thousand sqm contracted in Q1 2025)
These strong results confirm the effectiveness of MLP Group’s consistently executed strategy, based on high-quality assets, prime locations and long-term tenant relationships. The Company not only responds to market needs, but often anticipates them, offering modern, flexible and sustainable logistics solutions.
– In the first quarter of this year, we nearly tripled our contracted rent year on year. This is an outstanding result and one of the best quarters in our history. It demonstrates the strength of our organisation, the effectiveness of our strategy and the high level of trust our tenants place in us. Importantly, we entered the year with a very strong foundation. Taking into account the agreements signed already in 2025, we had secured a 21% revenue increase at the very start of the year. We have now further strengthened this with record leasing performance in the first quarter. This gives us confidence that 2026 will be another period of outstanding success for MLP Group – said Agnieszka Góźdź, Member of the Management Board & CDO at MLP Group S.A.
– The results achieved are the effect of our highly consistent leasing strategy, based on tenant diversification, a focus on key European markets, and offering flexible, scalable solutions for businesses. We continue to see strong demand, particularly from companies in light manufacturing, e-commerce and logistics, which are seeking modern space in well-connected locations. Importantly, the importance of asset quality is also increasing, as tenants are paying more attention to technical standards, energy efficiency and ESG compliance. Our portfolio is well aligned with these expectations, which translates into strong leasing activity and very good prospects for the coming quarters – added Tomasz Pietrzak, Leasing Director Poland at MLP Group S.A.
It is worth noting that alongside its record leasing activity, MLP Group has consistently been expanding the scale of its development projects and delivered space. In the first quarter of 2026, the Group completed a total of approximately 100,000 sqm of modern warehouse space in Poland and Germany. The scale of completed space highlights the Group’s strong operational efficiency and its ability to execute development projects and leasing processes simultaneously across multiple European markets.
At the end of the first quarter of 2026, MLP Group’s portfolio exceeded 1.7 million sqm of warehouse space across the European market. At the same time, its land bank provides strong potential for further dynamic expansion, with the capacity to grow the portfolio to approximately 2.3 million sqm.
MLP Group’s property portfolio is among the most modern in the European logistics sector. As much as 85% of its buildings have been developed within the last 10 years, and over 60% within the past five years. The average age of its warehouses is just 6.6 years, making the Company’s offering highly attractive to tenants seeking modern, efficient and sustainable space.
The record results achieved in the first quarter of 2026 not only confirm MLP Group’s strong market position, but also clearly indicate that the Company is on a path of continued above-average growth. All signs suggest that 2026 could become one of the most transformative and successful years in the Group’s history.
